Marla Kilpatrick - Aug 9, 2021 Form 4 Insider Report for Weber Inc. (WEBR)

Signature
/s/ Philip Zadeik as Attorney-in-Fact for Marla Kilpatrick
Stock symbol
WEBR
Transactions as of
Aug 9, 2021
Transactions value $
$0
Form type
4
Date filed
8/11/2021, 08:47 PM
Previous filing
Aug 4, 2021
Next filing
Oct 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEBR Class A Common Stock Award $0 +16.1K $0.00 16.1K Aug 9, 2021 Direct F1
transaction WEBR Class B Common Stock Award $0 +25.2K $0.00 25.2K Aug 9, 2021 See footnote F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WEBR LLC Units in Weber HoldCo LLC Award +25.2K 25.2K Aug 9, 2021 Class A Common Stock 25.2K $0.00 See footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects vested restricted stock units, which are subject to deferred settlement, that were issued at the closing of the issuer's initial public offering pursuant to the Weber Inc. Omnibus Incentive Plan in replacement for long-term incentive awards held by the reporting person under the historical Amended and Restated Weber-Stephen Products LLC Management Incentive Compensation Plan.
F2 Reflects shares of Class B common stock of the issuer ("Class B Common Stock") and common units of Weber HoldCo LLC ("LLC Units") in which the reporting person holds an indirect pecuniary interest through ownership of corresponding common units of Weber-Stephen Management Pool LLC ("Management Pool LLC"). The LLC Units (and corresponding shares of Class B Common Stock) may be distributed to the reporting person at the reporting person's election, in which case the reporting person may then require Weber HoldCo LLC to redeem the LLC Units for newly issued shares of the issuer's Class A common stock on a one-for-one basis (at which time, a corresponding number of shares of Class B Common Stock will also be cancelled on a one-for-one basis) or, at the issuer's election, an equivalent cash payment. (conts on fn 3)
F3 (cont'd from fn 2) The LLC Units were received by Management Pool LLC in the reorganization transactions effected in connection with the issuer's initial public offering in replacement of historical units of a predecessor entity. The LLC Units do not expire.